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Sep 6, 2019
09/19
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campbe campbell's soup finally has good execution. they doubled down and off loaded everything else using proceeds to pay off debt. with campbell's trading at 3.1% yield, the stock is a buy and not just for speculation this is investable and if they stumble, hey, dan's agreement ends in november he'll soon be able to push for more change if they become necessary. i just hope the stock gets hit so you can get in on weakness because this thing is real let's go to doug in iowa, please, doug >> caller: jim, thank you for taking my call. >> of course >> caller: my question today is about kraft heinz. is there a price or could management take some action that would encourage analysts and investors to get a little more interested in the stock? >> you can always do that. there is always something you can do which is why he doesn't stop at zero or glib thing they have things and levers but you know what? they have no growth because they systematically cut back. there is very little invasion. they will tell you there is. take a look at their st
campbe campbell's soup finally has good execution. they doubled down and off loaded everything else using proceeds to pay off debt. with campbell's trading at 3.1% yield, the stock is a buy and not just for speculation this is investable and if they stumble, hey, dan's agreement ends in november he'll soon be able to push for more change if they become necessary. i just hope the stock gets hit so you can get in on weakness because this thing is real let's go to doug in iowa, please, doug...
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90
Apr 17, 2019
04/19
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the manufacturing operations in asia and campbell fresh. when they bought this they came on the show and started using it and i use their salad dressings constantly they're all up top in the -- in the frig section why you maybe use wish bone. and a way, they had this garden fresh gourmet and that cushioned the blow from the lousy guidance at the beginning -- this is good i've had this. i'm not kidding. at the beginning of october, dan lobe officially wants a proxy fight to replace the entire board of directors and -- the entire board and even recruited a defector from the durant family who is unhappy with the direction of the business as dispute went on, the dispute got more and more vicious. but before it got too heated and everything blew up lobe and the board of directors made a deal at the end of november, it was smart three days before the annual meeting lobe gets two board seats with input into the new ceo. and the story became different and the activists and board were working together and made this brilliant hire, this guy named mar
the manufacturing operations in asia and campbell fresh. when they bought this they came on the show and started using it and i use their salad dressings constantly they're all up top in the -- in the frig section why you maybe use wish bone. and a way, they had this garden fresh gourmet and that cushioned the blow from the lousy guidance at the beginning -- this is good i've had this. i'm not kidding. at the beginning of october, dan lobe officially wants a proxy fight to replace the entire...
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Jul 21, 2016
07/16
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seem like it's campbell campbell's. is that somewhat delivered in that annie's is not meant to be cheerios? >> when you look at the food, whether it's juices or salad dressings, it's simple meals and beverages. these are categories we know. campbell's fresh is introducing garden fresh gourmet soup and souplicity. so we're able to express them in fresh food, because that's where the consumer's going. >> believe' had irwin simon on. he says he's taking shares from you. >> we need to deliver on the needs of the next generation. the next generation of the millennials is 80 million strong. they shop differently, they eat differently. we went to school on them. so we need to make food that delivers for them. >> last thing, your history is actually based on vegetables. it seems like the world, this generation z, vegetables are far more of the core of what they eat than we did. >> we have a yes-yes list. yes to the vegetables and yes to whole grains. and we have observed that people are pursuing more of a plant-based diet and m
seem like it's campbell campbell's. is that somewhat delivered in that annie's is not meant to be cheerios? >> when you look at the food, whether it's juices or salad dressings, it's simple meals and beverages. these are categories we know. campbell's fresh is introducing garden fresh gourmet soup and souplicity. so we're able to express them in fresh food, because that's where the consumer's going. >> believe' had irwin simon on. he says he's taking shares from you. >> we...
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Aug 28, 2018
08/18
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>> no, i love campbell's soup. chunky stuff that you get the can opener, open that stuff, put it in for 30 secs. >> you put the can in the microwave? scenario of no, i don't. >> you're not the righter. to ask. >> of course, i'm not the right person to ask. >> they are turning a corner trying to make it a healthier food choice. i'm sure we've eaten stuff from campbell's not in that jar or can. so there's the sauces, there's biscuits, frozen foods there's a lot of other aspects than the one we all associate the andy warhol one. >> it's the change is where you make money in stocks when this company starts to turn things around, that's the unanticipated change i've got an activist in there. they'll potentially change things this is a value trade to me. see how did i that >> you're expecting campbell's soup to turn it around >> yeah. >> the bottom line - >> up 20% since june. >> it's apples and oranges this is the mechanism for possibly getting your tomato can. ultimately, it tells you who owns the consumer is who gets
>> no, i love campbell's soup. chunky stuff that you get the can opener, open that stuff, put it in for 30 secs. >> you put the can in the microwave? scenario of no, i don't. >> you're not the righter. to ask. >> of course, i'm not the right person to ask. >> they are turning a corner trying to make it a healthier food choice. i'm sure we've eaten stuff from campbell's not in that jar or can. so there's the sauces, there's biscuits, frozen foods there's a lot of...
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Nov 10, 2022
11/22
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has been muddled at times, a campbell's with a not good balance sheet, which is rather shocking a campbell's with a lot of extraneous divisions and then i see the campbell's that you built transparent, clear, clean with goals. i have to believe that's west point. >> yeah, well, i certainly do agree that one of the powerful pieces of education while you're in the military is this focus on keeping things very simple and clear so that the entire organization understands where you're going and in the absence of a day-to-day communication you know what you're expected to do and what's most important to the success of the organization. there is no doubt that that was foundational in the military and at west point and has been very applicable in a moment like coming into the campbell's situation where the power of focus i think enabled us to really do the things that were necessary to have an impact on the business that we've had. >> when you're in the army you learn supply chain because logistics is what -- napoleon told us what armies run on when you got into the campbell's job, did you realize,
has been muddled at times, a campbell's with a not good balance sheet, which is rather shocking a campbell's with a lot of extraneous divisions and then i see the campbell's that you built transparent, clear, clean with goals. i have to believe that's west point. >> yeah, well, i certainly do agree that one of the powerful pieces of education while you're in the military is this focus on keeping things very simple and clear so that the entire organization understands where you're going...
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May 18, 2018
05/18
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campbell soup going lower. if you recall back in march, commerce secretary wilbur ross came on this network and held up a can of campbell soup to demonstrate the tariffs would have very little impact on soup cans today ross fired back at campbell's comments telling cnbc, quote, it is physically impossible that a few days of a tariff resulted in a $393 million loss they are using the tariffs as a cover-up for other problems. >> you go back to 2016, the stocks being cut in half from then you can't blame this on tariffs. they do have an idealogical difference about what people think as to what they want to eat, what they think is organic. >> condensed soup. >> it's just not where people want to be even my generation, younger generation, the older generation people are going for different things on the shelf. >> everybody has a house brand everybody from kroger to house brand. >> you have to help the hawaiian economy there. >> this time in 2016, i couldn't spell tariff i couldn't spell tariff in 2016. >> now you ca
campbell soup going lower. if you recall back in march, commerce secretary wilbur ross came on this network and held up a can of campbell soup to demonstrate the tariffs would have very little impact on soup cans today ross fired back at campbell's comments telling cnbc, quote, it is physically impossible that a few days of a tariff resulted in a $393 million loss they are using the tariffs as a cover-up for other problems. >> you go back to 2016, the stocks being cut in half from then...
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Sep 16, 2020
09/20
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camp campbells. there is always a bull market somewhere and i promise to find it for you i'm jim cramer and we'll see you tomorrow >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ first into the tank is a unique addition to the beverage industry. ♪ hello, sharks. my name is brandon zavala, and i'm the founder of apollo peak, and i am seeking $100,000 for 10% equity in my company.
camp campbells. there is always a bull market somewhere and i promise to find it for you i'm jim cramer and we'll see you tomorrow >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ first into the tank is a unique addition to the beverage industry. ♪ hello, sharks. my name is brandon zavala, and i'm the founder of...
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Sep 7, 2018
09/18
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the activist battle over campbell's soup is boiling over. dan loeb reportedly wants to replace the whole board. >>> and the tesla ceo did a 2 1/2 hour interview on the joe roggin podcast last night. we'll show you the highlights including whiskey, weed, and a samurai sword. september 7, 2018. "squawk box" begins now. dan loeb reportedly wants to ♪ >>> good morning, everybody. welcome to "squawk box" live from the nasdaq market site in times square i'm becky quick along with joe kernen and andrew ross sorkin. dow futures indicated down by 40 points the dow has been up the last two sessions the s&p 500 and nasdaq both closed down. this morning red arrows there. the s&p 500 indicated down another 5 points the nasdaq looks like it would open down by 19 points if you look at
the activist battle over campbell's soup is boiling over. dan loeb reportedly wants to replace the whole board. >>> and the tesla ceo did a 2 1/2 hour interview on the joe roggin podcast last night. we'll show you the highlights including whiskey, weed, and a samurai sword. september 7, 2018. "squawk box" begins now. dan loeb reportedly wants to ♪ >>> good morning, everybody. welcome to "squawk box" live from the nasdaq market site in times square i'm...
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May 18, 2018
05/18
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. >>> and campbell ceo abruptly resigning effective immediately. shares are down sharply. >>> we'll start with cbs versus its controlling shareholder national amusements. some shareholders trying to make sense of developments late yesterday in which the cbs board got together and decided yes, they would vote to issue a dividend that would have the effect were it actually declared effective to dilute national amusements current voting control from roughly 80% to 20%. you can see cbs shares look to be up a bit in the early going here we'll see, of course, how it begins trading in 29 minutes or so from now. yesterday the shares down about 4.5% they had been down as much as 7% after a judge did not issue a temporary restraining order as requested of chancellor br broushard. fast forward to today, well, it's hard to imagine that if this does end up in court, as it seems likely, he'll reaffirm the rights of the controlling shareholder, therefore, it's unlikely that dividend is ever going to be made effective by the way, keep in mind under delaware law, c
. >>> and campbell ceo abruptly resigning effective immediately. shares are down sharply. >>> we'll start with cbs versus its controlling shareholder national amusements. some shareholders trying to make sense of developments late yesterday in which the cbs board got together and decided yes, they would vote to issue a dividend that would have the effect were it actually declared effective to dilute national amusements current voting control from roughly 80% to 20%. you can...
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Jun 30, 2022
06/22
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when campbell's soup reported in march, the numbers were not so hot. well it swiftly rebounded, and they kept charging higher. it's like it didn't matter. that's a good sign. maybe the buyers do something. campbell's soup reported again a few weeks ago, and they turned in a much better than exec did set of numbers. more important, organic sales were up 9%. wall street was only looking for a 3% increase. it's the first very positive organic result in 5/4. campbell's soup said they continue to see sustained demand for the brands, they sorted out their supply change prices, raise prices, they're doing a better job of making stuff. i knew the crops would get it together. it's good. management raised the -- in response, the stock rallied a bit, but then quickly gave up the gains, and they got hit with another indiscriminate selloff. campbell's soup stock has gotten its mojo back. it doesn't hurt that it pays you a 3% yield. i haven't felt so good about campbell's soup in a very long time. what is my favorite? the best in the industry happened to be kellogg
when campbell's soup reported in march, the numbers were not so hot. well it swiftly rebounded, and they kept charging higher. it's like it didn't matter. that's a good sign. maybe the buyers do something. campbell's soup reported again a few weeks ago, and they turned in a much better than exec did set of numbers. more important, organic sales were up 9%. wall street was only looking for a 3% increase. it's the first very positive organic result in 5/4. campbell's soup said they continue to...
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Aug 30, 2018
08/18
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campbell reporting earnings that beat by a penny. revenue fell short campbell announced it was conducting a review of operations and holdings after it disclosed unacceptable earnings and the departure of its ceo you two have been tag-teaming this story in a big way. it's a big story today >> i want to hear what you're finding is next here >> you have a much better focus on the overall business and what's been going on in terms of the theme and the conference calls going on, they start at 8:30. fourth quarter earnings and, of course, this strategic announcement as well the numbers were not good. but the theme that they're going with here is, listen, we're maintaining optionality but we'll go into this next year, year and a half by selling this international unit that generates about $250 million in ebitda we'll be able to sell it at a higher multiple than we currently trade at therefore, somewhere accretive if you want to think about it that way and we're selling fresh where they have had a lot of missteps that sara has talked about a
campbell reporting earnings that beat by a penny. revenue fell short campbell announced it was conducting a review of operations and holdings after it disclosed unacceptable earnings and the departure of its ceo you two have been tag-teaming this story in a big way. it's a big story today >> i want to hear what you're finding is next here >> you have a much better focus on the overall business and what's been going on in terms of the theme and the conference calls going on, they...
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Mar 10, 2016
03/16
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this is not your parent's campbell's soup. >>> how about general mills? less than a buck off its highs. again, we have seen a major move toward a natural and organic, starting when they paid $820 million to acquire annie's in september of 2014. in a deal that nearly doubled the company's natural and organic portfolio. then last summer, general mills committed to removes artificial flavors and covering from all of its cereals. why don't we show what's known as a s.o.t., a sound on tape of what happened here? >> half the people that we interview say could you please ease off on artificial colors and flavors? we heard them. we're listening to our consumers, renovating, changing these products to make sure they're contemporary. >> at the same time they're making them more gluten-free. i say that's an extra mile they are going. what you're getting basically is instead of -- ooh -- you're getting -- ahh -- [ laughter ] >> i told you the show was interactive. then general mills snapped up epic provisions, a rapidly growing premium -- have you seen these bars? th
this is not your parent's campbell's soup. >>> how about general mills? less than a buck off its highs. again, we have seen a major move toward a natural and organic, starting when they paid $820 million to acquire annie's in september of 2014. in a deal that nearly doubled the company's natural and organic portfolio. then last summer, general mills committed to removes artificial flavors and covering from all of its cereals. why don't we show what's known as a s.o.t., a sound on tape...
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686
Apr 3, 2010
04/10
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the spontaneity for me was over. >> campbell called it quits in 1996. that next year, "swimsuit" became a standalone issue. growth she fought against during her 32 years. >> pictures were so great, each time they would give me two pages more, three pages more. ten pages more. when it got to 36, i said i don't want anymore pages. when they turned that last page, i want someone to say is that all? they are going to buy it next year. >> so the full issue is not for you? >> i can't say that. business is business. today business is tough. advertising is tough. so whatever works, go for it. >>> next, it's time inc.'s most profitable single magazine issue. a financial force on the web. on the scene and on the go. moving off the printed page to a bigger bottom line. when "business model: inside the sports illustrated swimsuit issue" returns. >> "business model: inside the sports illustrated 'swimsuit' issue" returns. >> she's ready. >> it'd be nice, i think, if we start with the hair wet. >> brazilian daniella sarahyba >>> she is ready. >> nice if we start with
the spontaneity for me was over. >> campbell called it quits in 1996. that next year, "swimsuit" became a standalone issue. growth she fought against during her 32 years. >> pictures were so great, each time they would give me two pages more, three pages more. ten pages more. when it got to 36, i said i don't want anymore pages. when they turned that last page, i want someone to say is that all? they are going to buy it next year. >> so the full issue is not for you?...
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Aug 9, 2018
08/18
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are we there for campbells soup? >> usually it's the third or fourth generation starts to splinter out and people say show me the money it's not as if a bid right now seems to dazzle anybody, and milking the dividend, whatever it is -- >> you need a buyer. this is not a cheap stock. >> it's not cheap and it's in a lot of debt already. >> and it's been mismanaged and -- kraft heinz is not, not at that valuation. >> maybe they can ask elon musk. >> john augustine, what do you think? do you want to weigh in on the campbells situation in. >> they may be a private equity candidate, that they're buying some things 11 times, and it's a good candidate and maybe it goes behind the private equity curtain, gets fixed up, gets brought back out >> okay, guys, we're going to have to leave it there thank you for joining us for the first block. facebook has been under fire for the past few weeks the stock is down 14%, and nowtle may be taken over as the second largest website in the u.s. google is number one, facebook number two. wh
are we there for campbells soup? >> usually it's the third or fourth generation starts to splinter out and people say show me the money it's not as if a bid right now seems to dazzle anybody, and milking the dividend, whatever it is -- >> you need a buyer. this is not a cheap stock. >> it's not cheap and it's in a lot of debt already. >> and it's been mismanaged and -- kraft heinz is not, not at that valuation. >> maybe they can ask elon musk. >> john...
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Nov 10, 2020
11/20
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i am talking about mark clouds, the president and ceo of campbell soup. he played point guard for two years. this is veterans day, we want to talk about how his time in the army helps him run a $14 billion business welcome back to "mad money" and happy veterans day it is an honor to be here. >> thank you, jim. pleasure to be here. >> i don't think people know what happens here. you had to take a move that's so painful. you took a company that was bought in 2012, bull house, 1.5 and you had to sell it for 500 million. these are moves that you had to do passionately and except the fact that tlhere were casualties on the field how much is it to make that difficult decisions. i think one of the greats privileges of my life probably after being a parent was the opportunity to lead the men and women in the arm forces. i often said there is not a lot of organizations out there that a 23 years old turn you lose as a leader pursuing a complex mission. it think it teaches you a valuable lesson that are applicable to the world of business one is really about focus.
i am talking about mark clouds, the president and ceo of campbell soup. he played point guard for two years. this is veterans day, we want to talk about how his time in the army helps him run a $14 billion business welcome back to "mad money" and happy veterans day it is an honor to be here. >> thank you, jim. pleasure to be here. >> i don't think people know what happens here. you had to take a move that's so painful. you took a company that was bought in 2012, bull...
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Dec 6, 2023
12/23
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. >> plus, the ceo of campbell soup is with us. how does ceo mark klaus plan to turn around a stock that has underperformed the ceo 500. >> and omar agular breaks down why the fed has enough support now to end its tightening cycle. >> but first, the markets, large-cap indexes, modest gains. the s&p 500 a bit off its highs. nasdaq off a quarter of a percentage point, although, sarah, another one of those days where the average stocks doing a lot better. yesterday was a pause. bank stocks, as the ceos testify on capitol hill, up more than 2% as a group. migrating back into more cyclical areas of the market. and it seems like we keep feeding on economic data points that seem to validate the soft landing thesis. >> yeah, slow down in things like the labor market, but not an all-out recession, which was also the message i got from the walmart ceo, basically, on the softening of the u.s. consumer. as far as the bank executives go, we haven't really heard anything that impacts the stocks, right? it's a lot of talk about the new capital re
. >> plus, the ceo of campbell soup is with us. how does ceo mark klaus plan to turn around a stock that has underperformed the ceo 500. >> and omar agular breaks down why the fed has enough support now to end its tightening cycle. >> but first, the markets, large-cap indexes, modest gains. the s&p 500 a bit off its highs. nasdaq off a quarter of a percentage point, although, sarah, another one of those days where the average stocks doing a lot better. yesterday was a...
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Mar 9, 2023
03/23
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i certainly don't think for campbell's you'd say that. i think what we tried to do is create a stable margin architecture from quarter to quarter you may have a little bit of up or a little bit of down generally our goal in mind is to try to manage or protect the profitability within the products and brands, but more importantly, ensure we maintain that value and that equity so, this is a little bit of what i talk about right now that's so important for companies in our space, is to try to get that balance right. you get a little bit focused on growing margins too fast, you may undermine the support you need on the brand, you can't spend into a world where you're fundamentally taking the profitability long term out of a brand or category. so calibrating those variables to get the right level is really what we've been focused on again, i think q2 was a good example of us kind of getting that mix right, where margins were slightly better, but pretty stable in general. strong top line. good market share. that's really the algorithm we want t
i certainly don't think for campbell's you'd say that. i think what we tried to do is create a stable margin architecture from quarter to quarter you may have a little bit of up or a little bit of down generally our goal in mind is to try to manage or protect the profitability within the products and brands, but more importantly, ensure we maintain that value and that equity so, this is a little bit of what i talk about right now that's so important for companies in our space, is to try to get...
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0.0
Dec 7, 2022
12/22
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i said campbell's is there. maybe they're not proud of campbell's how much of your military training made you realize you have to take the toughest action you've seen in a packaged goods company ever >> i had a lot of support from the team around me i had the right people in place to execute a transformation. the fabric of the nation brands and whether you talk about the snacks business or talking about the meals and beverage businesses, these are brands that everybody knows and when you pair that up with great people and then perhaps the ingredient i added was focus really making sure that we're clear on what the priorities are and what is most important we don't talk a lot about this but the portfolio from a consumer side we talked about but the geographic nature and the ability for us to bring reso resources against the areas we're competing is a distinct advantage. that's a product of a lot of years learning in the military. >> i'm glad you said that. a lot of people need to realize who they're hiring one la
i said campbell's is there. maybe they're not proud of campbell's how much of your military training made you realize you have to take the toughest action you've seen in a packaged goods company ever >> i had a lot of support from the team around me i had the right people in place to execute a transformation. the fabric of the nation brands and whether you talk about the snacks business or talking about the meals and beverage businesses, these are brands that everybody knows and when you...
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Jun 25, 2018
06/18
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and it does have campbell up the real question is what is campbell going to do. >> right they have a family control. >> 37% of the family that is on the board. they own 37% of the stock. there are other family members, as well, who are not on the board who own equity, as well, in the company there also may be some sort of a split, at least, between certain family members in terms of their view of what the company should do but they are undergoing the strategic review they told us they would have a news for us by the end of august they have an interim ceo, of course, having fired the last ceo. i think it remains unclear what they're going to do. i've heard bankers names but they have to yet to hire bankers. even though they have banks working for them there's a board meeting this week which certain things may be clarified. at least to the point the banks will pay them for their work and want them to move ahead. where it ends up is unclear in terms of, yes, if they were to say we are for sale, any number of potential suitors might show up. >> i went back to the conference call where th
and it does have campbell up the real question is what is campbell going to do. >> right they have a family control. >> 37% of the family that is on the board. they own 37% of the stock. there are other family members, as well, who are not on the board who own equity, as well, in the company there also may be some sort of a split, at least, between certain family members in terms of their view of what the company should do but they are undergoing the strategic review they told us...
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Dec 15, 2021
12/21
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let's dig deeper he's the president and ceo of camp campbell's soup. welcome back >> great to be back. >> okay. delivered a very credible turn around play. are you going to enjoy genuine $4 growth instead of the 3s? >> i think we're well positioned for where we're going to be coming through the pandemic. not so much about the navigation i feel great about how the team is performing. we understand the challenges that we're all facing right now. more importantly, for us, it's about the future how are we positioned to benefit as we come through this and what does that trajectory look like there's no question the company is on a much stronger foundation as we think about the position of our portfolio as well as the focus we're putting on the businesses, we feel good about the ability to sustain growth going forward and a big part as we talk about this week was innovation where as you might imagine in the last year or two, we have been focused much more on the foundational core business meeting demand. i think you'll see innovation playing a much bigger rol
let's dig deeper he's the president and ceo of camp campbell's soup. welcome back >> great to be back. >> okay. delivered a very credible turn around play. are you going to enjoy genuine $4 growth instead of the 3s? >> i think we're well positioned for where we're going to be coming through the pandemic. not so much about the navigation i feel great about how the team is performing. we understand the challenges that we're all facing right now. more importantly, for us, it's...
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0.0
Jun 7, 2022
06/22
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campbell's soup, the story and the trade on each one. but we begin, of course, with the markets. dom chu with the numbers >> we started off negatively, so to speak at one point in the day, the dow was down 274 points. so, we've gotten back quite a bit in term oz of the over alttrade so far. even at 274, wasn't a massive decline but a lot of it had to do with news we'll talk about in a bit. up 1/10th of a percent similar for the nasdaq composite. they're up 19 points on the day. retail has to be the big theme target in the blockbuster, royaling announcement saying they're going to take near term profit margin and hits to set themselves up for possibly more success down the line during the all-ir important holiday shopping season. we've got back a lot of what we lost in the early morning session. we're only down 3% walmart 122. spot 10, down 2% 2% losses for best buy, lowe's, you can see the theme. taking a hit from theering tat announcement and the spdr ticker is down one-tenth of a percent and almost synonymous with american oil and impasse we're talking exon, oil. the definition
campbell's soup, the story and the trade on each one. but we begin, of course, with the markets. dom chu with the numbers >> we started off negatively, so to speak at one point in the day, the dow was down 274 points. so, we've gotten back quite a bit in term oz of the over alttrade so far. even at 274, wasn't a massive decline but a lot of it had to do with news we'll talk about in a bit. up 1/10th of a percent similar for the nasdaq composite. they're up 19 points on the day. retail has...
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May 18, 2018
05/18
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campbell's soup has been noting that as well look at their numbers. campbell's u.s. soup sales down 1% that's what we think of the old canned company campbell fresh is up 1%. the fresher products obviously doing better than the canned products overall food companies not just this year, but they are in a decline that's been long term for the last essentially year and a half to two years they have been declining. these are nottypos dean foods, hersheys, campbell's now down 50% from its highs. kraft, general mills also down about 40%. on the general market we are basically flat on the week that is a very good sign here. remember early whier in the week inflation was a major issue with higher gasoline prices and the prices paid index. we had a scare there ten year treasury has been up, seven basis points the dollar has been up trade talks move stalled doesn't seem to be progress in talks about nafta. head win for the stock market. yet we are flat. sideways in that kind of a market with that data, sideway is a victory for the bulls. >> for more on campbell's soups rough d
campbell's soup has been noting that as well look at their numbers. campbell's u.s. soup sales down 1% that's what we think of the old canned company campbell fresh is up 1%. the fresher products obviously doing better than the canned products overall food companies not just this year, but they are in a decline that's been long term for the last essentially year and a half to two years they have been declining. these are nottypos dean foods, hersheys, campbell's now down 50% from its highs....
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May 19, 2014
05/14
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they said campbell is being squeezed two different ways. from the people who usually use the snap program and from the higher end, the wealthy end, it's not considered quite the healthy snack that it used to be, so you have a company that's squeezed in the middle, and what's happening to all those products that are squeezed in the middle? those are the ones not doing well. >> herbie, we have to leave it there, but we are not done with campbell's. >> we're not. is it healthy or stay away from cpb? let es talk numbers. steve cortes, first on the fundamentals, do you think this is a guys opportunity? are you interested in soup? >> no, i joined herb. i think donovan mcnabb's mother, i even saw her eating ramon noodles instead of campbell soup. i think the high end is getting hit, too. whole foods had a terrible gap down just last week, but the consumer in general is challenged. if you look at walmart, gap down last week, it cited the same challenge of the cutback in food stamps. the sad reality is mid and lower income americans are in a tenuous
they said campbell is being squeezed two different ways. from the people who usually use the snap program and from the higher end, the wealthy end, it's not considered quite the healthy snack that it used to be, so you have a company that's squeezed in the middle, and what's happening to all those products that are squeezed in the middle? those are the ones not doing well. >> herbie, we have to leave it there, but we are not done with campbell's. >> we're not. is it healthy or stay...
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111
Sep 7, 2018
09/18
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you can get an oreo browny >> campbell's soup is -- the problems at campbell's, do you see that as an industry phenomenon or forecast specific. >> it's obviously different for me to comment on a company i do think that the cpg world is changing in a big way. and it's changing because the consumer is changing and you need to adapt to that. and there's different ways to adapt to that. the way that we have chosen, is that we are a snacking company, 85% of our business is snacking. we're going to become a 100% snacking company >> they're going to become more of a snacking company, is that something you're looking at? it looks like it's sort of for sale >> that's difficult to say, we think we have the right strategy at the moment. we have these acquisitions that we're talking about. we don't want to end up in categories that we don't want to be in. so i would say at this moment we're going to stick to our strategy. >> do you see this trend of more activists targeting these companies? and i can tell you, after speaking to him, a big fan of yours. >> thank you and i find the relationship tha
you can get an oreo browny >> campbell's soup is -- the problems at campbell's, do you see that as an industry phenomenon or forecast specific. >> it's obviously different for me to comment on a company i do think that the cpg world is changing in a big way. and it's changing because the consumer is changing and you need to adapt to that. and there's different ways to adapt to that. the way that we have chosen, is that we are a snacking company, 85% of our business is snacking....
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0.0
Sep 1, 2022
09/22
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CNBC
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take a look at campbell soup, lower today 3900 here this morning, take a look at campbell soup down 5.5, lower today on the heels of results. about that shall they do guide a little bit lower on full year eps, we did talk to the ceo in the last hour. >> as we look at the outlook right now, we do see improvement in certain areas, and as we think about the flow of inflation through the year i do expect as we go through the balance of '23 to see that percent impact of inflation to improve. as iai sd today on the call we would expect the probably toughest inflation in the first quarter, and then to see some improvement as we move forward this is the planning effect. football, housewives, football, housewives, football, housewives... whoops. oh no... the housewives are on the field. i repeat, the housewives are on the field. i just want to talk! yeah! who flips a table? get your tv together with the best of live and on demand. call 1-800-directv new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist
take a look at campbell soup, lower today 3900 here this morning, take a look at campbell soup down 5.5, lower today on the heels of results. about that shall they do guide a little bit lower on full year eps, we did talk to the ceo in the last hour. >> as we look at the outlook right now, we do see improvement in certain areas, and as we think about the flow of inflation through the year i do expect as we go through the balance of '23 to see that percent impact of inflation to improve....
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77
Nov 26, 2018
11/18
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CNBC
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eye 77
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thanks we're watching for campbell's re-open. as faber said a few moments ago coming to an agreement with third point, adding two members to the board i think we have the resumption of trade down 2%. between that and gm. and everything that's headed our way this week. powell and g-20. fed minutes on thursday. sales force earnings we'll get as well. >> yep that's coming. a number of tech stocks, including adobe. >> let's get to the judge. >>> carl, thanks i'm scott wapner and welcome to the most critical week of the year for your money. fed and trade front and center as stocks stage a bear market bounce this is the "halftime report" and it's 12 noon >> announcer: a pivotal week for stocks is under way. we have a bounce from the bear if we don't get bullish news on wednesday and meetings don't go well this weekend will the floor fall in? one call to double down in emerging markets is this a golden opportunity to buy one big name biotech the "halftime report" starts right now.
thanks we're watching for campbell's re-open. as faber said a few moments ago coming to an agreement with third point, adding two members to the board i think we have the resumption of trade down 2%. between that and gm. and everything that's headed our way this week. powell and g-20. fed minutes on thursday. sales force earnings we'll get as well. >> yep that's coming. a number of tech stocks, including adobe. >> let's get to the judge. >>> carl, thanks i'm scott wapner...
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Jun 25, 2018
06/18
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CNBC
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we know that campbell's is looking at all strategic alternatives why would a kraft be interested in campbell's when it's nearly all domestic, it's a very slow-growing category or shrinking category, condensed soup, and it doesn't really offer a path beyond synergies to profitability from kraft, which is learning the hard way now that once you squeeze all the costs out of it, there has to be another plan >> you make some great points. if kraft were to be interested in campbell, we think it would be almost purely from a financial perspective. now, kraft might want the brands, right? you can't deny that the pepperidge farm brand is terrific the campbell's soup brand is iconi icon iconic kraft would be looking for the financial accretion. >> wouldn't it prevent kraft from making bigger deals down the road for another company because if kraft bought campbell's, then it would have that big snacks business and threaten there's no way the anti-trust trust authorities would let them buy more. >> i don't want to get too speculative but there has been some belief that kraft would use or need to use its s
we know that campbell's is looking at all strategic alternatives why would a kraft be interested in campbell's when it's nearly all domestic, it's a very slow-growing category or shrinking category, condensed soup, and it doesn't really offer a path beyond synergies to profitability from kraft, which is learning the hard way now that once you squeeze all the costs out of it, there has to be another plan >> you make some great points. if kraft were to be interested in campbell, we think it...
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0.0
Oct 13, 2023
10/23
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CNBC
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and for campbells, almost a 4% dividends. so we agree that they can trade down with higher interest rates, but at the same time we think the overall pressure on the space is a little bit overdone. and in hershey's case, here you have a company that in three categories that have all grown faster than total store. so structurally is positioned to grow faster than kind of the ove overall pack and shoot beverage universe. so you can get a best in class operator at an attractive value. investors are always looking for good entry points and we think this is a good opportunity for hershey to capitalize on that. >> assuming prices has gone about as far as it can, do these guys grow through organic or is it going to be some bolt down m&a like campbells has done recently? >> yeah, so hershey i think optionality is probably limited to the salty snacks business just given kind of their dominant market share position in confectionary. but still that is always an option. we've seen a fantastic job with dots pretzels that has boosted their
and for campbells, almost a 4% dividends. so we agree that they can trade down with higher interest rates, but at the same time we think the overall pressure on the space is a little bit overdone. and in hershey's case, here you have a company that in three categories that have all grown faster than total store. so structurally is positioned to grow faster than kind of the ove overall pack and shoot beverage universe. so you can get a best in class operator at an attractive value. investors are...
0
0.0
Dec 7, 2022
12/22
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CNBC
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i'll eat anything campbell's >> no kidding. >> i was shocked anything campbell's, she'll eat. you know what we ended up having instead of the chili two boxes of milanos >> you went in far lot more than two. >> it was mostly my wife doing the milano >> there you go throwing the wife under the bus >> she went to mcdonald's on monday she said it was good as gold she loved mcdonald's >> we got to talk to her she's not eating well. boxes of milanos and mcdonald's? guys, getting back to the market, shares of tesla continue to be weaker, even than the group. down again a bit today >> we heard that your buddy >> we've seen a rebound in some of the shares. i wanted to point out not just tesla shares, but i don't know if you guys have seen lucid. it takes me back to the spac craze. remember when lucid was cciv prior to the deal under which michael kline got, remember, got the saudis, made it all happen and lucid shares -- look at that >> i drove one >> you can go back even further than that, because when it was cciv -- it is now below -- the reason i point this out is because it's below
i'll eat anything campbell's >> no kidding. >> i was shocked anything campbell's, she'll eat. you know what we ended up having instead of the chili two boxes of milanos >> you went in far lot more than two. >> it was mostly my wife doing the milano >> there you go throwing the wife under the bus >> she went to mcdonald's on monday she said it was good as gold she loved mcdonald's >> we got to talk to her she's not eating well. boxes of milanos and...
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Jun 15, 2018
06/18
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CNBC
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campbell soup up 9%. a bit of a rally here. let's play a game. it's friday! trade it or fade it. >> all right. >> it's a weird game. >> why >> trade means you would sell it. >> own it anyway anyway trade it or -- >> trade it. it's a stock i'm long. there's a handleful of things going on here. i'm not sure if it's a rumor i'm not sure if they're executing on higher prices a lot of software names were on a tear next week. >> the next is twitter >> so i'm in tim's camp where it's confusing what i would say is fade this. not because i don't like twitter. >> sell it. >> right not because i don't like the fundment tal story but it a tremendous ramp up the trader in me wants to fade. >> it doesn't matter the reason for the ramp up. i get a lot of times stocks can be become overbought. >> what was the reason for the ramp up? >> replacing monsanto. >> last week. >> okay. the numbers got better. >> for me it doesn't matter. i made money. >> upgrades where they were looking for another 10 to 15% on the stock that is overbought but i think clear skies ahead. >> you're tr
campbell soup up 9%. a bit of a rally here. let's play a game. it's friday! trade it or fade it. >> all right. >> it's a weird game. >> why >> trade means you would sell it. >> own it anyway anyway trade it or -- >> trade it. it's a stock i'm long. there's a handleful of things going on here. i'm not sure if it's a rumor i'm not sure if they're executing on higher prices a lot of software names were on a tear next week. >> the next is twitter >>...
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Jun 15, 2020
06/20
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mark clouse, great to see you, sir. >> thank you, jim. >> this is not the same campbell's soup. you can own this stock, they're doing so many things right and they're going to continue to do things right. it is not just pantry stocking anymore. "mad money" is back after the break. >>> fast few months have been challenging, but in times like these, you can always find somebody going the extra mile to help the people around you do you know someone who has gone above and beyond to uplift their family, neighbors, or community over the past few months we want to hear their story. go to cnbc.com/homegrown heroes to nominate your homegrown hero. ♪ y-yeah ♪ ♪ yeah ♪ hey, hey try nature's bounty sleep3, a unique tri-layer supplement that calms you, helps you fall asleep faster and stay asleep longer great sleep comes naturally with sleep3. only from nature's bounty. okay, give it a try. between wisdom and curiosity, there's a bridge. between ideas and inspiration, trauma and treatment. gained a couple of more pounds. that's good for the babies. between the moments that make us wh
mark clouse, great to see you, sir. >> thank you, jim. >> this is not the same campbell's soup. you can own this stock, they're doing so many things right and they're going to continue to do things right. it is not just pantry stocking anymore. "mad money" is back after the break. >>> fast few months have been challenging, but in times like these, you can always find somebody going the extra mile to help the people around you do you know someone who has gone above...
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60
Apr 29, 2020
04/20
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snacks 16% campbell soup up 41. prego pasta sauce 49 pepperidge farm cookies 28 kettle brand chips 45. 44.5 only goldfish experienced a decline. maybe supply problems. everybody loves goldfish even before the pandemic. phenomenal growth. no wonder the stock rallied 23 points the new president and c.e.o. of campbell soup and a man who is widely viewed as a miracle worker within the industry a clear sense of where his company is headed. welcome to "mad money. >> great to be here, jim i'm happy to spend some time with you today >> i'm thrilled that you're here sir, the moment it happened, i admit i had a panic attack, but my wife, she said let's have a campbell soup attack we went in, everybody knows this, we bought, i don't know, 20 cans, then we bought everything else you make you know what, i found out it's like what my mom said, i love it it's like we rediscovered it is that what's happening you have too many repeat orders for me to think it was one-time-only pantry >> i think you are not alone in your experience.
snacks 16% campbell soup up 41. prego pasta sauce 49 pepperidge farm cookies 28 kettle brand chips 45. 44.5 only goldfish experienced a decline. maybe supply problems. everybody loves goldfish even before the pandemic. phenomenal growth. no wonder the stock rallied 23 points the new president and c.e.o. of campbell soup and a man who is widely viewed as a miracle worker within the industry a clear sense of where his company is headed. welcome to "mad money. >> great to be here, jim...
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0.0
Mar 9, 2023
03/23
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CNBC
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and mark clouse said very similar things to me, the guy who runs campbell. i said look, a lot of it's work from home but a lot of it's grained. about a week before pepsico report wed got a strong set of numbers from hershey which has quietly been one of the strongest stories in the packaged foods universe for the past few years her vi, kitkat, twizzlers, york, but they also have a set of salty snack brands including a number of xwrefrt for you options like skinny pop, pirate's booty, along with pretzels -- some of these brands have been kicked around for a long time but they've gotten hershey and hershey's done a remarkable job with them, reinventing them it's all working for hershey which is pretty much a pure play on snacking. 10% organic growth on a constant currency case in the current quarter. the ceo i wish would come on the show someoning the strength telling us pretty much the same story we heard from pepsico a year later she's stressed her snack brands are recession resistant saying chocolate moments are such a heavily integrated part of consumers'
and mark clouse said very similar things to me, the guy who runs campbell. i said look, a lot of it's work from home but a lot of it's grained. about a week before pepsico report wed got a strong set of numbers from hershey which has quietly been one of the strongest stories in the packaged foods universe for the past few years her vi, kitkat, twizzlers, york, but they also have a set of salty snack brands including a number of xwrefrt for you options like skinny pop, pirate's booty, along with...
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May 18, 2018
05/18
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. >> let me give you another one by the same token, campbell's soup obviously has idiosyncratic issues >> like people don't have soup anymore? >> millennials don't want salt grenades >> when is the last time you had condensed soup >> lol but here's what i'm trying to tell you so here you have a stock that's got everything working and no disrespect to the folks at campbell. i have been known to partake >> a good tomato >> they have everything against them a great yield play nobody needs that anymore. the same dividend yield or lower than a treasury bond good-bye then you have the price of aluminum going up, to your point. and you have the secular - >> wilbur ross said who is not going to buy this can of soup if it only goes up by 6 cents >> now the stock is down 42% peak to trough this is supposed to be a widow and orphan stock >> can i jump in i cannot thank you enough because campbells was my blitz stock and i didn't want to do it in the blitz production team needs a new blitz. >> give jim tesla. >> they have their own super bowl it's a cold winter people should be buying soup if you'
. >> let me give you another one by the same token, campbell's soup obviously has idiosyncratic issues >> like people don't have soup anymore? >> millennials don't want salt grenades >> when is the last time you had condensed soup >> lol but here's what i'm trying to tell you so here you have a stock that's got everything working and no disrespect to the folks at campbell. i have been known to partake >> a good tomato >> they have everything against...
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40
Aug 7, 2023
08/23
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eye 40
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i happen to love campbell's. but that's because i grew up in a house where campbell's was good they would put more water in it in order to let it go further. >> that verativ deal is -- i would appoipoint out, the finang for it, again, it's not a large deal, is banks, as opposed to many of the private credit firms, funds, alternative asset managers that provide private credit this looks more like an old-fashioned syndicate, rbc, wells fargo, u.p.s >> wow pretty cool. >> goldman-sachs >> by the way, do you ever notice goldman-sachs's stock, how it goes up a little bit every day? >> no, i haven't >> it is interesting they are getting out the big thing will be, are they going to get rid of the credit cards? will someone buy the credit card after they spent a fortune on it this is a new broom sweeping clean. there is nothing that is not on the table other than private wealth management. i think it's very interesting that this stock just does not quit after a quarter that a lot of people felt was ho-hum. >> i did notic
i happen to love campbell's. but that's because i grew up in a house where campbell's was good they would put more water in it in order to let it go further. >> that verativ deal is -- i would appoipoint out, the finang for it, again, it's not a large deal, is banks, as opposed to many of the private credit firms, funds, alternative asset managers that provide private credit this looks more like an old-fashioned syndicate, rbc, wells fargo, u.p.s >> wow pretty cool. >>...
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85
Oct 10, 2018
10/18
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take companies like ppg, campbell soup and starbucks. meanwhile, bill ackman's persian square say they accumulated a stake in starbucks but listen, and no fault of these gentlemen, piggy backing is a mistake hedge fund managers don't work for you.% take campbell's soup, the company that would, should, and could work in this environment wants to broom the entire board. perhaps to get a sale or unlock the value. anyone who has followed campbell's know this board has -- revealed a totally dysfunctional board that okay strategy to buy anything some fresh snacks, snacks and gigantic sh snyder land. it was disappointed after the purchase i agree with lobe, i think he is right, campbell's soup needs a new board of directors the balance sheet is too painful for me to recommend the stock. how about bill ackman with starbucks. i think he has anything to offer. china should be getting better, u.s. should be getting better. i have been saying thstarbucks s turning. ackman has done well with the restaurant chain, but here is the thing, starbucks is g
take companies like ppg, campbell soup and starbucks. meanwhile, bill ackman's persian square say they accumulated a stake in starbucks but listen, and no fault of these gentlemen, piggy backing is a mistake hedge fund managers don't work for you.% take campbell's soup, the company that would, should, and could work in this environment wants to broom the entire board. perhaps to get a sale or unlock the value. anyone who has followed campbell's know this board has -- revealed a totally...
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Aug 30, 2018
08/18
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shares of campbell soup are falling in the premarket trading. the company announce that had it would be selling its refrigeratored foods and international units after a review of its operations. its going to be concentrating on its core brands and says it'll reduce the proceeds to reduce death. campbell's has been under pressure to tell the company, still, you can see that stock even with these plans announced down by 3.75%. >>> california passed a bill that would require at least one female board member. they're expected to approve it as well. the bill needs governor brown's signature. the governor has not expressed an opinion publicly on this measure and ford's dead has been downgraded. ford's pushing back saying its effort to revamp are progressing and at some point the market will recognize that. moody's has said it thinks it will take some time for that to happen. the stock is off .5%. >>> a memorial service is going to be held in phoenix today for senator john mccain. his casket will depart the arizona state capitol where thousands paid th
shares of campbell soup are falling in the premarket trading. the company announce that had it would be selling its refrigeratored foods and international units after a review of its operations. its going to be concentrating on its core brands and says it'll reduce the proceeds to reduce death. campbell's has been under pressure to tell the company, still, you can see that stock even with these plans announced down by 3.75%. >>> california passed a bill that would require at least one...
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Oct 18, 2018
10/18
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we'll see what ends up happening on campbell. the vote is still a month and a half away. >> it is still iconic but smaller and smaller every day. it is not as big -- it is the same size as canopy. >> that is incredible. >>> guys, dow is down 128 led lower by cat. let's get to bob pisani. >> we have a problem with industrials. there are three issues. you have china issues. how much is the economy slowing down there. you have the ten year moving up a little bit. that's causing some issues. finally, carl is right, industrials are taking a hit. let's look at the sectors, slightly defensive tone. you have utilities, consumer staples. materials, emerging markets. tech and the semis are weak. there are your industrials on the weak side. look at some of the companies that are reported. we talked about sealed air. they cited unfavorable currency and higher raw material. textron missed on the top and bottom line. they join a list of companies that have had some issues. ppg, granger all similar comments. the common theme is margin pressure.
we'll see what ends up happening on campbell. the vote is still a month and a half away. >> it is still iconic but smaller and smaller every day. it is not as big -- it is the same size as canopy. >> that is incredible. >>> guys, dow is down 128 led lower by cat. let's get to bob pisani. >> we have a problem with industrials. there are three issues. you have china issues. how much is the economy slowing down there. you have the ten year moving up a little bit. that's...
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Aug 7, 2023
08/23
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sovos up 25% campbell's, down 1%. what's your take on campbell's here we all like the rao's sauce, eva. what do you think of this trade, however? >> i do like the sauce too i have it as a sell again. although, this time it's different. the story's different. it's, again, a family-owned business, and the family owns 33% of the company, but in this case, it hires external professionals to manage the company, and we've seen, again, a bad culture as a result of this the gross margin has dropped from 52% to 30%, and the ebitda has gone from 27% to 17%, and so in the last 25 years, the revenues have slightly increased, but the profits are way off where they were 25 years ago, so i think the culture changed, and again, there's consistency here the culture has changed. i am not optimistic that it's going to get back to where it was 25 years ago it's a sell. >> all right eva, we got a quick programming note campbell's ceo will join "mad money" today with jim cramer at 6:00 p.m. eastern time he'll talk about the deal partner ra
sovos up 25% campbell's, down 1%. what's your take on campbell's here we all like the rao's sauce, eva. what do you think of this trade, however? >> i do like the sauce too i have it as a sell again. although, this time it's different. the story's different. it's, again, a family-owned business, and the family owns 33% of the company, but in this case, it hires external professionals to manage the company, and we've seen, again, a bad culture as a result of this the gross margin has...
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Aug 31, 2023
08/23
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>>> an exclusive interview with campbell soup ceo mark clouse. we'll ask him when consumers can expect relief there. >>> sixth street's alex waxman on how much excess savings have been propping up this economy and what happens when, inevitably, those savings dry up. >>> topping the tape this morning is the deluge of economic data. today's risk sentiment chalged up to inflation hike and the jobs market appears to be cooling. atlanta fed president bostic saying the central bank may not need to do more tightening. senior economics reporter steve liesman with us. does feel like, steve, the market is taking the data as a sign that the fed can do nothing in september, is that right? >> yeah, i think that's right. that's what the futures market shows. i don't think there's any reason to suggest the fed needs to do more here. there were some one-off things people are raising their eyebrows about. it was maybe expected. you know, that core services, ex-housing thing powell follows, super core, some people call it. if you look at it, it went up 0.5% on the
>>> an exclusive interview with campbell soup ceo mark clouse. we'll ask him when consumers can expect relief there. >>> sixth street's alex waxman on how much excess savings have been propping up this economy and what happens when, inevitably, those savings dry up. >>> topping the tape this morning is the deluge of economic data. today's risk sentiment chalged up to inflation hike and the jobs market appears to be cooling. atlanta fed president bostic saying the...
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202
Mar 13, 2016
03/16
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shares of campbell's shoop at an all-time high. is it a no touch? we'll tell you what has a chart master so worried. i'm here at the td ameritrade trader offices. steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. td ameritrade. here at the td ameritrade they work all the time. sup jj, working hard? working 24/7 on mobile trader, rated #1 trading app on the app store. it lets you trade stocks, options, futures... even advanced orders. and it offers more charts than a lot of other competitors do on desktop. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivatives pricing model, honey? td ameritrade. >>> welcome back to "options action." time for a little call, look back at ope
shares of campbell's shoop at an all-time high. is it a no touch? we'll tell you what has a chart master so worried. i'm here at the td ameritrade trader offices. steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting...
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Dec 17, 2009
12/09
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donovan campbell, one of the greatest books about war. offered tremendous opportunities to go in new york to fat cat bankers. chooses to go to pepsico. why? >> for one simple reason. performance with purpose. he believed pepsico was an actual extension of his life. what he wanted to do in life was live a meaningful life. and he said, i can do that and still work for a great corporation, pepsico. i've got to tell you a donovan campbell story if we have time. donovan campbell is now running an operation down in texas. and one of his employees was diagnosed with cancer and had to go get chemotherapy and lost all his hair. he came back to work on a monday morning and when he came back, donovan campbell had lined up all of the employees in the office and every one of them had shaved their head to welcome this employee back to work. the father of the employee wrote to me saying i've never come across such a fine company as pepsico. that made my son feel so welcome even though he had been away with cancer for several weeks. >> different ethos fr
donovan campbell, one of the greatest books about war. offered tremendous opportunities to go in new york to fat cat bankers. chooses to go to pepsico. why? >> for one simple reason. performance with purpose. he believed pepsico was an actual extension of his life. what he wanted to do in life was live a meaningful life. and he said, i can do that and still work for a great corporation, pepsico. i've got to tell you a donovan campbell story if we have time. donovan campbell is now running...
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Mar 25, 2015
03/15
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shares in other food companies mondelez up 3% and kellogg and campbell coup campbell soup are slightly down. >> it's a sluggish start to the year in global activity. a slow down in the u.s. listings is to blame but asia pacific deals have jumped sharply with china ranking number one in deal volume year to date. europe leads by global funds raised however with the u.k. and prance among the bright spots as you can see here. 11 in france and 12 in the u.k. now across sectors industrials took the crown with 45 deals followed by health care and technology. so that's kind of the sector break down if you will when you take a look at the ipo activity we have been seeing this year. let's talk more about what to expect in the coming months with maria. global vice chair of strategic growth markets. tell us why are we seeing so many industrial deals? if memory serves me right it was technology that lead the show in 2014. >> yes, you're quite right. it was technology and actually health care that lead the sector in 2014. we're coming off a very strong 2014. industrials is strong picking up from the
shares in other food companies mondelez up 3% and kellogg and campbell coup campbell soup are slightly down. >> it's a sluggish start to the year in global activity. a slow down in the u.s. listings is to blame but asia pacific deals have jumped sharply with china ranking number one in deal volume year to date. europe leads by global funds raised however with the u.k. and prance among the bright spots as you can see here. 11 in france and 12 in the u.k. now across sectors industrials took...
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Sep 4, 2018
09/18
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and canada are set to resume this week we'll speak with former canadian prime minister kim campbell. >>> later, nike taking a turn for the worse after unveiling its latest "just do it" ad campaign featuring colin kaepernick we'll discuss that when "squawk alley" returns the dow is down 45 whoooo. tripadvisor makes finding your perfect hotel... relaxing. just enter your destination and dates. tripadvisor searches over 200 booking sites to find the hotel you want for the lowest price. dates. deals. done! tripadvisor. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. >>> we are watching shares of amazon just a couple of bucks away from cracking that $1 trillion market cap thres
and canada are set to resume this week we'll speak with former canadian prime minister kim campbell. >>> later, nike taking a turn for the worse after unveiling its latest "just do it" ad campaign featuring colin kaepernick we'll discuss that when "squawk alley" returns the dow is down 45 whoooo. tripadvisor makes finding your perfect hotel... relaxing. just enter your destination and dates. tripadvisor searches over 200 booking sites to find the hotel you want for...
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Aug 28, 2018
08/18
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shares of campbell down 2% shares of grub hub on track for the best year ever with the. company surpassing in market capitalization is this a battle of old versus new or will we see the comeback. canned goods trading nation takes a look next ♪ ♪ get yourself and egg and beat it ♪ >>> it is time for trading nation and check out campbell soup, shall you. it's an epic food fight. campbell soup taking a hit on the third points dan lobe could engage in a proxy fight for all the soup he can eat. meanwhile grub hub eat going for breakfast. overtaking on market cap for the best year ever matt and matt you go first. what dawning about the food fight, campbell or grub hub who do you like more. >> i like to be a bit of contrarien i'm psiing my neck out and call for campbell to do better it really has not -- doesn't have anything to do with the fundamentals more than a multimonth call rather than long term look the campbell first. the chart has broken above the trend line back to the beginning of the year. if it can stay above that will be positive. i have to admit on proxy ba
shares of campbell down 2% shares of grub hub on track for the best year ever with the. company surpassing in market capitalization is this a battle of old versus new or will we see the comeback. canned goods trading nation takes a look next ♪ ♪ get yourself and egg and beat it ♪ >>> it is time for trading nation and check out campbell soup, shall you. it's an epic food fight. campbell soup taking a hit on the third points dan lobe could engage in a proxy fight for all the soup...
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Nov 12, 2018
11/18
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it's not related to campbell and the proxy battle that he's waging there but it is an investor letter from last week because he did make an interesting comment and i want to read it about the market at-large and this guy has been as good as anybody on how he invests, loeb has. while current u.s. growth remains above trend, helped by fiscal stimulus, this positive impulse is peaking now and will continue the drag from tightening financial conditions. we have delivered our portfolio, reduced our tech exposure meaningfully and grown our short book we expect to be net sellers over the next few months if markets rally. that is a change in tone >> everything that we've said here by the way, cnbc.com, good piece, president trump obsessed with tariffs on foreign cars including europe so you've got a loeb scenario developing which is that, hey, everything has moved up too much there are things going wrong everywhere >> let's also point out that dan is not saying, listen, go into the bunker dan is adding to microsoft, constellation brands, adobe, american express he's looking at companies we've
it's not related to campbell and the proxy battle that he's waging there but it is an investor letter from last week because he did make an interesting comment and i want to read it about the market at-large and this guy has been as good as anybody on how he invests, loeb has. while current u.s. growth remains above trend, helped by fiscal stimulus, this positive impulse is peaking now and will continue the drag from tightening financial conditions. we have delivered our portfolio, reduced our...
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Dec 18, 2017
12/17
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many people recommended campbell's as a takeover target. i think this move makes the stock worth buying as an earnings tory. then there is hershey's purchase of amplify, another snack company famous for skinny pop that is taking over swaths of snack food aisle. it is only $500 million company but today stock surged up 71% on this acquisition. huge premium. but hershey needs scale. i wouldn't be a buyer here. my point is that stocks can give you a phenomenal return simply over the course of a weekend. if companies won't do what is right to create value then shareholders will do it for you. on friday elliot partners 6.5% in acimi technologies. gigantic amount of internet traffic stock has really under performed. i think elliot helps them restructure or skeeds in putting the company up for sale. would be a buyer after the 13% run today. and you know what else you know what else i would buy proct proctor & gamble which has become more attractive now that legendary investor nelson pels has been added to the board. he told me he and ceo david tay
many people recommended campbell's as a takeover target. i think this move makes the stock worth buying as an earnings tory. then there is hershey's purchase of amplify, another snack company famous for skinny pop that is taking over swaths of snack food aisle. it is only $500 million company but today stock surged up 71% on this acquisition. huge premium. but hershey needs scale. i wouldn't be a buyer here. my point is that stocks can give you a phenomenal return simply over the course of a...
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Jul 23, 2015
07/15
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denise morrison president and ceo of the campbells soup company. you started off investor day yesterday by saying that the food industry is facing a revolutionary change. how difficult is the environment for companies like campbells soup? >> i see seismic shifts whether it is the change in the consumer with demographics or socioeconomics, change in the composition of the american family, a shift with a shrinking middle class in the united states in developed markets and a burge juning in middle markets. consumer preferences for health an well-being is really big. we can't underestimate the impact of digital technology. all of that is converging in what i call a seismic shift. >> as a result of that you are reinventing this iconic company. >> talk about some of the changes. >> we are reshaping campbells for new generations of consumers. we are diversifying our portfolio. we are making smart acquisitions. all of these in response to changing consumers. >> i was talking to paul grimwood of nestle usa yesterday what he was saying about the consumer cha
denise morrison president and ceo of the campbells soup company. you started off investor day yesterday by saying that the food industry is facing a revolutionary change. how difficult is the environment for companies like campbells soup? >> i see seismic shifts whether it is the change in the consumer with demographics or socioeconomics, change in the composition of the american family, a shift with a shrinking middle class in the united states in developed markets and a burge juning in...
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Dec 18, 2017
12/17
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campbell's down 17% year to date hershey's is up 10% for 2017 so far. the deals also signify big food companies like hershey's and campbells are looking to move beyond traditional offerings and diversify their own port folio of products. consumer behaviors are, of course, changing analysts say more people are snacking on foods like pretzels and popcorn as dining trends become more mobile less time and money are being sent on the so-called center of the store items. shoppers are migrating more to the perimeter of store wrs the snacks are located one more thing analysts say to keep in mind, the trend will likely continue into 2018 for two key reasons. big food companies have continued to struggle and interest rates are low this all makes for a perfect storm for m&a in the food space. bill and kelly >> you know what i love about this, they're going after the snack makers because we're more mobile with our eating habits. i'm serious. we're more mobile are our eating habits mobile with our communication, mobile with our eating habits. >> as somebody who eats
campbell's down 17% year to date hershey's is up 10% for 2017 so far. the deals also signify big food companies like hershey's and campbells are looking to move beyond traditional offerings and diversify their own port folio of products. consumer behaviors are, of course, changing analysts say more people are snacking on foods like pretzels and popcorn as dining trends become more mobile less time and money are being sent on the so-called center of the store items. shoppers are migrating more...
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Oct 1, 2021
10/21
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let's take a closer look with doug campbell. the cofounder and ceo of doug campbell mr. campbell, welcome to "mad money. >> thank you for having me, glad to be here >> tell me why is solid powers got a different and better approach for the companies that want so much to be ev? >> absolutely, it really is our platform technology which could plug in any chemistry and that a customer requests and combining it with technology that's highly manufacturable so with the value proposition that we can step right into either existing or contemplating. >> okay, so now full but went to jim farley today, why do you like solid power he tolld me this. you are going to translate it for me we like solid power, so we don't waste our just announced manufacturing process and fac facility which means what >> what that means is they have designed production facilities and con strucking those production facility around industry standards and lithium i ion. that's pretty much industry standards going into vehicles. the reason mr. farley likes solid power is we are not rendering any of those inve
let's take a closer look with doug campbell. the cofounder and ceo of doug campbell mr. campbell, welcome to "mad money. >> thank you for having me, glad to be here >> tell me why is solid powers got a different and better approach for the companies that want so much to be ev? >> absolutely, it really is our platform technology which could plug in any chemistry and that a customer requests and combining it with technology that's highly manufacturable so with the value...